The Department of Transportation (DOTr) on Monday said a Turkish conglomerate has bought bid documents to rehabilitate, optimize and maintain the Ninoy Aquino International Airport, bringing to eight the number of prospective bidders for the project.
“So far, eight prospective bidders have expressed interest to operate and maintain NIAA,” Transportation Secretary Jaime J. Bautista told the participants of the 2023 EJAP Economic Forum.
According to Bautista, the latest to buy bid documents was Turkey’s Limak Group of Companies which has interests in airport construction, tourism, cement, energy and infrastructure. The company built and operates the Kosovo Pristina International Airport and LimakPort Iskendrun.
Other groups that earlier bought bid documents were San Miguel Corp., India’s GMR Group, Manila International Airport Consortium, Spark 888 Management Inc., Asian Airport Consortium and Cengiz Insaat Sanayi ve Ticaret A.S.
“We expect they will be able to meet the bid submission deadline on December 27,” Bautista said.
The DOTr expects to award the contract by the first quarter next year and achieve financial closure by the following quarter.
The DOTr and the Manila International Airport Authority (MIAA) serve as co-grantors of the project which has a 15-year concession and option for a 10-year extension.
The NAIA project requires capital investment to improve its facilities consistent with International Civil Aviation Organization (ICAO) and other internationally-accepted standards.
This means modernizing the terminals, optimizing and enhancing the capacity of the airport to 62 million passengers per annum, enhancing asset quality and passenger experience, improving the information and technology systems infrastructure and ensuring reliable operations over the period of the concession.
The concessionaire will be responsible for both landside and airside operations of the NAIA. It will be required to undertake works to enhance the compliance, safety and security of the airport, optimize and boost airport capacity to cater to the increasing air traffic in accordance with objective parameters to be provided in detail in the concession agreement.
Other groups that earlier bought bid documents were San Miguel Corp., India’s GMR Group, Manila International Airport Consortium, Spark 888 Management Inc., Asian Airport Consortium and Cengiz Insaat Sanayi ve Ticaret A.S.
“We expect they will be able to meet the bid submission deadline on December 27,” Bautista said.
The DOTr expects to award the contract by the first quarter next year and achieve financial closure by the following quarter.
The DOTr and the Manila International Airport Authority (MIAA) serve as co-grantors of the project which has a 15-year concession and option for a 10-year extension.
The NAIA project requires capital investment to improve its facilities consistent with International Civil Aviation Organization (ICAO) and other internationally-accepted standards.
This means modernizing the terminals, optimizing and enhancing the capacity of the airport to 62 million passengers per annum, enhancing asset quality and passenger experience, improving the information and technology systems infrastructure and ensuring reliable operations over the period of the concession.
The concessionaire will be responsible for both landside and airside operations of the NAIA. It will be required to undertake works to enhance the compliance, safety and security of the airport, optimize and boost airport capacity to cater to the increasing air traffic in accordance with objective parameters to be provided in detail in the concession agreement.
Other groups that earlier bought bid documents were San Miguel Corp., India’s GMR Group, Manila International Airport Consortium, Spark 888 Management Inc., Asian Airport Consortium and Cengiz Insaat Sanayi ve Ticaret A.S.
“We expect they will be able to meet the bid submission deadline on December 27,” Bautista said.
The DOTr expects to award the contract by the first quarter next year and achieve financial closure by the following quarter.
The DOTr and the Manila International Airport Authority (MIAA) serve as co-grantors of the project which has a 15-year concession and option for a 10-year extension.
The NAIA project requires capital investment to improve its facilities consistent with International Civil Aviation Organization (ICAO) and other internationally-accepted standards.
This means modernizing the terminals, optimizing and enhancing the capacity of the airport to 62 million passengers per annum, enhancing asset quality and passenger experience, improving the information and technology systems infrastructure and ensuring reliable operations over the period of the concession.
The concessionaire will be responsible for both landside and airside operations of the NAIA. It will be required to undertake works to enhance the compliance, safety and security of the airport, optimize and boost airport capacity to cater to the increasing air traffic in accordance with objective parameters to be provided in detail in the concession agreement.
Turkey’s Limak Group joins bid to win NAIA rehab program
Transport/Comms
The Department of Transportation (DOTr) on Monday said a Turkish conglomerate has bought bid documents to rehabilitate, optimize and maintain the Ninoy Aquino International Airport, bringing to eight the number of prospective bidders for the project.
“So far, eight prospective bidders have expressed interest to operate and maintain NIAA,” Transportation Secretary Jaime J. Bautista told the participants of the 2023 EJAP Economic Forum.
According to Bautista, the latest to buy bid documents was Turkey’s Limak Group of Companies which has interests in airport construction, tourism, cement, energy and infrastructure. The company built and operates the Kosovo Pristina International Airport and LimakPort Iskendrun.
Other groups that earlier bought bid documents were San Miguel Corp., India’s GMR Group, Manila International Airport Consortium, Spark 888 Management Inc., Asian Airport Consortium and Cengiz Insaat Sanayi ve Ticaret A.S.
“We expect they will be able to meet the bid submission deadline on December 27,” Bautista said.
The DOTr expects to award the contract by the first quarter next year and achieve financial closure by the following quarter.
The DOTr and the Manila International Airport Authority (MIAA) serve as co-grantors of the project which has a 15-year concession and option for a 10-year extension.
The NAIA project requires capital investment to improve its facilities consistent with International Civil Aviation Organization (ICAO) and other internationally-accepted standards.
This means modernizing the terminals, optimizing and enhancing the capacity of the airport to 62 million passengers per annum, enhancing asset quality and passenger experience, improving the information and technology systems infrastructure and ensuring reliable operations over the period of the concession.
The concessionaire will be responsible for both landside and airside operations of the NAIA. It will be required to undertake works to enhance the compliance, safety and security of the airport, optimize and boost airport capacity to cater to the increasing air traffic in accordance with objective parameters to be provided in detail in the concession agreement.
